Intrinsic Therapeutics puts a new man in charge | Personnel Moves

September 22, 2011 By MassDevice staff Leave a Comment

Intrinsic Therapeutics named Wright Medical (NSQD:WMGI) veteran Cary Hagan as its new President & CEO. Greg Lambrect, founder of Intrinsic will stay on as executive director.

"Cary’s proven success in bringing new technologies to the global market makes him an ideal choice to lead Intrinsic’s next stage of growth as we expand our international clinical and commercial activity," said Lambrecht in prepared remarks.

The company won CE Mark approval in the European Union for its Barricaid annular prosthesis in April 2009. The device is a partial-disc prosthesis that enables surgeons to reconstruct the annulus (a fibrous ring around the edge of the intervertebral disc) during standard discectomies in patients with lumbar disc herniations and sciatica.

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"The Barricaid device has the potential to substantially reduce cases of recurrent herniation and back pain associated with failed discectomy — an outcome that could result in a multi-billion dollar economic benefit in the U.S. alone. I’m thrilled to join Intrinsic as we bring this revolutionary device into new global markets," Hagan added.

Hagan was let go from Wright Medical in May in wake of the company’s alleged kickbacks scheme.

Here’s the latest personnel changes from medical device, diagnostics and life science companies around the nation. For more recent hirings and firings, check out MassDevice’s compilation of the latest personnel moves.

Brigagliano to leave SEC after 25 years

Guggenhime and Monane join the CardioDx team

Millipore’s Madaus takes the helm at VC-backed Quanterix

Reimelt named vice president & CEO, GE Energy

PPD appoints a new CEO

Hanger Orthopedic puts a new man in charge of its prosthetic distribution unit

AdvaMed names a new VP

Malone resigns as Vicor’s director

SANUWAVE appoints MedTech veteran Ron Sparks to board of directors

President & CEO of Spectranetics elected as director of the board

Milestone Scientific’s CFO, D’Agostino elected as COO

InVivo Therapeutics gets a new VP of Operations

Mahmoud Hafez joins ConforMIS scientific advisory board

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